9
QuizMultiple Choice

Making Spending Decisions — Quiz

Question 9 • Personal Finance

What is Samantha’s motivation behind buying the designer blouses? Samantha has $200 to spend on school clothes. She can buy two designer blouses that all of her friends have, or she can buy four generic blouses for the same amount. She decides to buy the designer blouses.

Answer
A
confusion of needs and wants
B
desire to get the best deal
C
conspicuous consumption
D
consideration for the future

Explanation

Samantha chooses the designer blouses because they are popular with her friends, even though she could get twice as many generic blouses for the same $200. Buying goods to display status or fit in with others is called conspicuous consumption. The best-deal choice would be the four generic blouses, so B does not fit.

AI-written and checked against the verified answer.

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